[bearishgurl]

flu, I take it you currently have a conforming loan? In light of your circumstances I think you are very wise to keep your 15-yr loan term and endeavor to pay it off in 10 yrs.

Is the new $2800+ mo amount PITI or just PI? I’m not too familiar with the rents up there but if your payment is just PI, I don’t see the viability of renting out without either a negative cash flow or the hassles of turnover with a rent set at above $3500 mo.

If you pay the extra every month like you are planning to for at least a couple of years, your new 15-year loan will begin to amortize very quickly at about 40-42 months in. This will give you and your family a lot of flexibility.

I wish you all the best with your health issues.

[bearishgurl]

flu, I take it you currently have a conforming loan? In light of your circumstances I think you are very wise to keep your 15-yr loan term and endeavor to pay it off in 10 yrs.

Is the new $2800+ mo amount PITI or just PI? I’m not too familiar with the rents up there but if your payment is just PI, I don’t see the viability of renting out without either a negative cash flow or the hassles of turnover with a rent set at above $3500 mo.

If you pay the extra every month like you are planning to for at least a couple of years, your new 15-year loan will begin to amortize very quickly at about 40-42 months in. This will give you and your family a lot of flexibility.

I wish you all the best with your health issues.

[bearishgurl]

flu, I take it you currently have a conforming loan? In light of your circumstances I think you are very wise to keep your 15-yr loan term and endeavor to pay it off in 10 yrs.

Is the new $2800+ mo amount PITI or just PI? I’m not too familiar with the rents up there but if your payment is just PI, I don’t see the viability of renting out without either a negative cash flow or the hassles of turnover with a rent set at above $3500 mo.

If you pay the extra every month like you are planning to for at least a couple of years, your new 15-year loan will begin to amortize very quickly at about 40-42 months in. This will give you and your family a lot of flexibility.

I wish you all the best with your health issues.

[bearishgurl]

[quote=UCGal]I gleaned some of this from the folks here on Piggington… so I’m happy to share what I’ve learned from folks like ocrenter and SD Realtor.

It’s all public, if you know where to look.[/quote]

UCGal, I’m so old I used to do what you’re doing here from microfiche, blue cloth binders and a chained-down clipboard on my lunch hours (in 3 offices in 2 buildings). I got plenty of exercise and, of course, it was not near as quick as “electronic data diving,” lol.

It helped that I worked in the “system” and thus knew my way around 🙂

One thing I did get from all that experience between 20 and 30 yrs ago is that I have a fundamental and interrelated understanding of how each piece of info relates to another piece of info.

Over the years, these “exercises” turned me into a self-taught chain-of-title expert. You may notice there are still a LOT of us around! Yes, this “talent” comes in VERY handy … when needed.

County and City Departments have come a LONG WAY since then!!

[bearishgurl]

[quote=UCGal]I gleaned some of this from the folks here on Piggington… so I’m happy to share what I’ve learned from folks like ocrenter and SD Realtor.

It’s all public, if you know where to look.[/quote]

UCGal, I’m so old I used to do what you’re doing here from microfiche, blue cloth binders and a chained-down clipboard on my lunch hours (in 3 offices in 2 buildings). I got plenty of exercise and, of course, it was not near as quick as “electronic data diving,” lol.

It helped that I worked in the “system” and thus knew my way around 🙂

One thing I did get from all that experience between 20 and 30 yrs ago is that I have a fundamental and interrelated understanding of how each piece of info relates to another piece of info.

Over the years, these “exercises” turned me into a self-taught chain-of-title expert. You may notice there are still a LOT of us around! Yes, this “talent” comes in VERY handy … when needed.

County and City Departments have come a LONG WAY since then!!

[bearishgurl]

[quote=UCGal]I gleaned some of this from the folks here on Piggington… so I’m happy to share what I’ve learned from folks like ocrenter and SD Realtor.

It’s all public, if you know where to look.[/quote]

UCGal, I’m so old I used to do what you’re doing here from microfiche, blue cloth binders and a chained-down clipboard on my lunch hours (in 3 offices in 2 buildings). I got plenty of exercise and, of course, it was not near as quick as “electronic data diving,” lol.

It helped that I worked in the “system” and thus knew my way around 🙂

One thing I did get from all that experience between 20 and 30 yrs ago is that I have a fundamental and interrelated understanding of how each piece of info relates to another piece of info.

Over the years, these “exercises” turned me into a self-taught chain-of-title expert. You may notice there are still a LOT of us around! Yes, this “talent” comes in VERY handy … when needed.

County and City Departments have come a LONG WAY since then!!

[bearishgurl]

[quote=UCGal]I gleaned some of this from the folks here on Piggington… so I’m happy to share what I’ve learned from folks like ocrenter and SD Realtor.

It’s all public, if you know where to look.[/quote]

UCGal, I’m so old I used to do what you’re doing here from microfiche, blue cloth binders and a chained-down clipboard on my lunch hours (in 3 offices in 2 buildings). I got plenty of exercise and, of course, it was not near as quick as “electronic data diving,” lol.

It helped that I worked in the “system” and thus knew my way around 🙂

One thing I did get from all that experience between 20 and 30 yrs ago is that I have a fundamental and interrelated understanding of how each piece of info relates to another piece of info.

Over the years, these “exercises” turned me into a self-taught chain-of-title expert. You may notice there are still a LOT of us around! Yes, this “talent” comes in VERY handy … when needed.

County and City Departments have come a LONG WAY since then!!

[bearishgurl]

[quote=UCGal]I gleaned some of this from the folks here on Piggington… so I’m happy to share what I’ve learned from folks like ocrenter and SD Realtor.

It’s all public, if you know where to look.[/quote]

UCGal, I’m so old I used to do what you’re doing here from microfiche, blue cloth binders and a chained-down clipboard on my lunch hours (in 3 offices in 2 buildings). I got plenty of exercise and, of course, it was not near as quick as “electronic data diving,” lol.

It helped that I worked in the “system” and thus knew my way around 🙂

One thing I did get from all that experience between 20 and 30 yrs ago is that I have a fundamental and interrelated understanding of how each piece of info relates to another piece of info.

Over the years, these “exercises” turned me into a self-taught chain-of-title expert. You may notice there are still a LOT of us around! Yes, this “talent” comes in VERY handy … when needed.

County and City Departments have come a LONG WAY since then!!

[bearishgurl]

[quote=TexasLine]Two thumbs up. Funny!

How ’bout…

….I called up my mama for a loan, and she said “Sure, you know where I can get one?”

sorry 😉 it’s bad…[/quote]

Agree TexasLine … it’s bad but kinda true, lol…

I stumbled onto this timely thread after leaving a side-splitting “1-900 session” over on the “best President ever?” thread.

Time to call it a day :=/

[bearishgurl]

[quote=TexasLine]Two thumbs up. Funny!

How ’bout…

….I called up my mama for a loan, and she said “Sure, you know where I can get one?”

sorry 😉 it’s bad…[/quote]

Agree TexasLine … it’s bad but kinda true, lol…

I stumbled onto this timely thread after leaving a side-splitting “1-900 session” over on the “best President ever?” thread.

Time to call it a day :=/

[bearishgurl]

[quote=TexasLine]Two thumbs up. Funny!

How ’bout…

….I called up my mama for a loan, and she said “Sure, you know where I can get one?”

sorry 😉 it’s bad…[/quote]

Agree TexasLine … it’s bad but kinda true, lol…

I stumbled onto this timely thread after leaving a side-splitting “1-900 session” over on the “best President ever?” thread.

Time to call it a day :=/

[bearishgurl]

[quote=TexasLine]Two thumbs up. Funny!

How ’bout…

….I called up my mama for a loan, and she said “Sure, you know where I can get one?”

sorry 😉 it’s bad…[/quote]

Agree TexasLine … it’s bad but kinda true, lol…

I stumbled onto this timely thread after leaving a side-splitting “1-900 session” over on the “best President ever?” thread.

Time to call it a day :=/

[bearishgurl]

[quote=TexasLine]Two thumbs up. Funny!

How ’bout…

….I called up my mama for a loan, and she said “Sure, you know where I can get one?”

sorry 😉 it’s bad…[/quote]

Agree TexasLine … it’s bad but kinda true, lol…

I stumbled onto this timely thread after leaving a side-splitting “1-900 session” over on the “best President ever?” thread.

Time to call it a day :=/

[bearishgurl]

[quote=sdrealtor]BG is my hero too!![/quote]

sdr, you’ve simply got to lay off that Shaw during the business day :=/

[bearishgurl]

[quote=sdrealtor]BG is my hero too!![/quote]

sdr, you’ve simply got to lay off that Shaw during the business day :=/

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